BA
The Boeing Company
BA has lower modeled downside risk, despite its lower overall score.
TH
Target Hospitality Corp.
TH has the edge over BA overall, supported by stronger modeled upside.
BA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Under pressure |
BA's profitability is currently healthy, and its revenue and cash flow are stable, but its balance sheet is under pressure.
TH Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Strong | |
| Weak |
TH's revenue and cash flow are currently strong, but its profitability and balance sheet are weak.
BA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $172 | — |
| Cheap | 51x | $496 | +189% |
| Fair | 82x | $790 | +360% |
| Expensive | 91x | $876 | +411% |
Historical ranges are pointers, not guarantees.
BA's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
TH PE Valuation
TH has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 19x next year's earnings.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect BA to return to profit, with revenue growing. However, they disagree widely on these estimates.
TH Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect TH to return to profit, with revenue growing. However, they disagree widely on these estimates.
BA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $9.66 | +$23.38 |
| Q2 2026 | $2.78 | +$19.33 |
| Q1 2026 | $2.53 | +$20.49 |
| Q4 2025 | $2.48 | +$20.84 |
| Q3 2025 | -$13.72 | -$0.83 |
| Q2 2025 | -$16.55 | -$10.93 |
| Q1 2025 | -$17.96 | -$14.42 |
| Q4 2024 | -$18.36 | -$14.69 |
BA has the edge over TH on earnings quality, reporting a profit while its opponent remains loss making.
TH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.64 | — |
| Q3 2026 | -$0.45 | -$0.34 |
| Q2 2026 | -$0.37 | -470% |
| Q1 2026 | -$0.43 | -200% |
| Q4 2025 | -$0.37 | -153% |
| Q3 2025 | -$0.11 | -112% |
| Q2 2025 | $0.10 | -91% |
| Q1 2025 | $0.43 | -69% |
| Q4 2024 | $0.70 | -55% |
TH lost $0.45 per share over the past year, a bigger loss than the year before.
BA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.2B | +3.9% |
| Q2 2026 | $24.6B | +8% |
| Q1 2026 | $22.2B | +14% |
| Q4 2025 | $23.9B | +57% |
| Q3 2025 | $23.3B | +30% |
| Q2 2025 | $22.7B | +35% |
| Q1 2025 | $19.5B | +18% |
| Q4 2024 | $15.2B | -31% |
BA has the edge over TH on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.5% | +22 points |
| Q2 2026 | 0.6% | +1.4 points |
| Q1 2026 | 2% | -0.3 points |
| Q4 2025 | 37% | +61 points |
| Q3 2025 | -21% | +12 points |
| Q2 2025 | -0.8% | +5.7 points |
| Q1 2025 | 2.4% | +2.9 points |
| Q4 2024 | -25% | -26 points |
BA's operating margin was 1.5% last quarter, up 22 points from the same quarter a year ago.
TH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $129.1M | +30% |
| Q2 2026 | $85.5M | +39% |
| Q1 2026 | $72.8M | +4.1% |
| Q4 2025 | $89.8M | +7.3% |
| Q3 2025 | $99.4M | +4.4% |
| Q2 2025 | $61.6M | -39% |
| Q1 2025 | $69.9M | -34% |
| Q4 2024 | $83.7M | -34% |
TH's revenue is recovering but still below its 2022 peak: $129M last quarter, up 30% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.3% | +2.2 points |
| Q2 2026 | -8.8% | +19 points |
| Q1 2026 | -20% | -18 points |
| Q4 2025 | -19% | -44 points |
| Q3 2025 | 0.1% | -29 points |
| Q2 2025 | -27% | -57 points |
| Q1 2025 | -1.5% | -30 points |
| Q4 2024 | 25% | -12 points |
TH has the edge over BA on profitability, with a higher operating margin.
BA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $464M | +95% |
| Q2 2026 | $631M | +$831M |
| Q1 2026 | -$1.5B | +$836M |
| Q4 2025 | $375M | +$4.5B |
| Q3 2025 | $238M | +$2.2B |
| Q2 2025 | -$200M | +$4.1B |
| Q1 2025 | -$2.3B | +$1.6B |
| Q4 2024 | -$4.1B | -239% |
BA has the edge over TH on cash flow, with more consistent year-over-year improvement.
TH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $40.4M | -24% |
| Q2 2026 | $96.2M | +772% |
| Q1 2026 | $6.9M | +$18.4M |
| Q4 2025 | $5.7M | -81% |
| Q3 2025 | $53.3M | +70% |
| Q2 2025 | $11M | -72% |
| Q1 2025 | -$11.6M | -123% |
| Q4 2024 | $30.2M | -21% |
TH still generates free cash flow, though less than at its 2022 peak: $149M over the past year.
BA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2.1M shares |
| 1 year | +4.3% | +32.8M shares |
| 3 years | +31% | +186M shares |
| 5 years | +35% | +204M shares |
| Available history | +40% | +227M shares |
BA has 793M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
TH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -315K shares |
| 1 year | +0.1% | +121K shares |
| 3 years | -4.9% | -5.2M shares |
| 5 years | +3.2% | +3.1M shares |
| Available history | +2.1% | +2.1M shares |
TH has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $11.6M |
| Q3 2024 | $1.1M |
| Q2 2024 | $23,000 |
| Q1 2024 | $21.2M |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $5.3M |
BA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 6.9x | High |
| Q2 2024 | 361.8x | High |
| Q1 2024 | 36.1x | High |
| Q4 2023 | 36.4x | High |
| Q3 2023 | 96.1x | High |
BA has the edge over TH on leverage, with a lower net debt burden relative to earnings.
TH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 1.0x | Very low |
| Q1 2026 | 1.0x | Healthy |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | -0.1x | Net Cash |
TH's net debt is about 4.5 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
BA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.1 | Neutral |
| Stochastic | 9.6 | Oversold |
BA's weekly RSI is 31 (neutral) and its Stochastic is 10 (oversold).
TH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.1 | Neutral |
| Stochastic | 12.4 | Oversold |
TH's weekly RSI is 37 (neutral) and its Stochastic is 12 (oversold).
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA is trading at 18x earnings, a 26% discount to the Industrials sector's median of 24x, though its earnings don't support one.
TH PE vs Industrials Sector
| Metric | TH | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
TH has no meaningful PE right now: it lost money over the past year.
BA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.6 | 7.1% below |
| 20 week MA | $203.8 | 16% below |
| 50 week MA | $215.5 | 20% below |
| 100 week MA | $205.9 | 17% below |
| 200 week MA | $200.6 | 14% below |
BA is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
TH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.5 | 23% below |
| 20 week MA | $16.9 | 29% below |
| 50 week MA | $13.8 | 13% below |
| 100 week MA | $10.8 | 11% above |
| 200 week MA | $11.2 | 6.8% above |
TH has the edge over BA on trend strength, trading above more of its moving averages.
BA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $330.1 | $217.2 | -34% |
| 2021 | $217.2 | $204.2 | -6% |
| 2022 | $204.2 | $189.1 | -7.4% |
| 2023 | $189.1 | $260.7 | +38% |
| 2024 | $260.7 | $180.7 | -31% |
| 2025 | $180.7 | $216.4 | +20% |
| 2026 YTD | $216.4 | $171.6 | -21% |
BA has finished lower in four of the last six years. It's down 21% so far in 2026.
TH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.92 | $1.61 | -67% |
| 2021 | $1.61 | $3.31 | +106% |
| 2022 | $3.31 | $15.5 | +369% |
| 2023 | $15.5 | $9.73 | -37% |
| 2024 | $9.73 | $9.88 | +1.5% |
| 2025 | $9.88 | $8.48 | -14% |
| 2026 YTD | $8.48 | $12.0 | +41% |
TH has the edge over BA on returns for 2026, with the stronger performance.